Five-month trade surplus surges
With a trade surplus of US$3.39 billion, exports continued to make up a bright point in the economic picture of the first five months of 2018, rising at a faster rate than imports. Export growth According to the Domestic Market Management Team, the export value reached an estimated US$19.2 billion in May 2018, a rise of 4.5 percent compared with April. In the first ...
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Vietnam, Bangladesh expect US$2 billion in trade by 2020
Vietnam and Bangladesh expect to increase bilateral trade to US$2 billion by 2020 compared with almost US$1 billion in 2017, following Vietnam President Tran Dai Quang’s visit to Bangladesh from March 4-6. President Tran Dai Quang (left) met Bangladesh President Abdul Hamid in the capital city of Dhaka on March 5 during his State visit to the country (Photo: VNA) Agreements signed Vietnam’s President ...
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Vietnam, Switzerland share experiences in making green growth work
Government officials, experts, and businesses working in the private sector from Vietnam and Switzerland gathered at a forum held in Hanoi on April 4 to share their experiences and seek ways to boost green growth in Vietnam. Participants exchanging talks at the forum - Photo: baodautu.vn The event was co-organized by Vietnam’s Ministry of Planning and Investment (MPI) and the Swiss Embassy in Vietnam. ...
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Hanoi strives to increase exports
The Hanoi People’s Committee recently issued an export promotion plan aiming to raise the 2018 export value to US$12.7 billion, up 7.5-8 percent compared with 2017. In 2017, Hanoi’s export value reached an estimated US$11.78 billion, up 10.3 percent compared with 2016. Specifically, the export value of foreign-invested companies reached an estimated US$6.03 billion, accounting for 51.2 percent of the total and up 15.4 ...
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Vietnam enjoys trade surplus worth US$3.39 billion during Jan-May
Vietnam enjoyed a trade surplus worth US$3.39 billion in the first 5 months of the year, with the domestic economic sector seeing a trade deficit of US$10.39 billion, while the foreign sector saw a surplus of US$13.78 billion (including crude oil). ...
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Vietnam, India target US$15 billion in trade
Vietnam and India hope to increase bilateral trade to US$15 billion by 2020, according to a joint statement issued by the two sides during President Tran Dai Quang’s visit to India from March 2-4. Major Vietnamese exports to India include mobile phones, computers, electronic products and components President Quang and Indian Prime Minister Narendra Modi agreed on the need to adopt targeted measures to ...
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Changing the market, exporting wood is facing big challenge
Although export turnover of wood and timber products has grown steadily at about 10-15% per year, in the coming time, with the changes in the export markets, exporting wood will face many difficulties. Exports of wood and timber products have maintained a steady growth by around 10-15% per year. Photo: Nguyen Thanh Protection policy from the United States Report on "Vietnam Import and Export ...
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Seafood export faces numerous barriers
Despite strong outbound sales so far this year, Vietnam’s target of earning US$9-10 billion from seafood exports in 2018 may prove tough due to numerous technical barriers being set up in major markets, Nguoi Lao Dong newspaper reports. According to the General Department of Vietnam Customs, seafood export revenue as of mid-March 2018 reached US$1.37 billion, up 17% versus the year-ago period, making seafood ...
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Imports, domestically-assembled cars in battle for market share
Imported CBU completely built unit cars are expected to flood Vietnam as domestic automobile manufacturers prepare to launch new models The Ministry of Transport (MOT) has stirred up the market by accepting an Indonesian Vehicle Type Approval (VTA) certificate. Three imported cars from Indonesia arrived last week from ...
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Investment: Choose the right one
People now have many options to invest in savings such as: banking, gold, foreign currency, real estate, stock and even digital money. However, with unpredictable changes in the economy, people should be cautious to choose a reasonable investment method. Needs to make the right choice in investment to avoid unnecessary damage. Still inclined to bank deposit Regarding the monetary market situation, from now to ...
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- export mangoes to australia